If you always wait for something perfect with out understanding your evaluation criteria it'll never happen.Fine tune your numbers, your selection criteria, and your attack plan.

Sorry bro I had to say it@Mike Reynolds Gave you a ball park scenario but in reality no one can give you a number based on the information givenAs someone who has flipped hundreds and hundreds, I am reluctant to attack a 100yr old house.

If your cash flow allows, why not attack the principle and be done with the loan asap?

I feel we are one Natural disaster, or Terrorist attack away from the next collapse.

Understand that DM is a very long game and you need to make a thorough plan of attack.

On liquidation, the equity is going to go first and a personal guarantee on 60% debt is not likely to be attacked if you're buying the property right.

@Garret Hohn imo once you get out of college your priority should be in this order: 1) Increase your income 2) attack your debt like a madman and wipe it out 3) Build up your savings 4) Invest If you try to put a roof on a house before laying a foundation, framing the walls, erecting trusses it's not going to be pretty.

I attacked the mortgage with the HELOC and some cash)4.

This helps a lot in my journey figuring out other ways to attack properties for funding.

If you cannot logically support your assertion, I have to assume that you were making an intentional and material personal attack on my reputation of doing business.